Jamieson Corporate Finance has advised the management team of Eurofiber on the secondary buyout to Antin Infrastructure partners. This is the second time Jamieson has advised the management team after first being involved when Doughty Hanson acquired the business in 2012 from Reggeborgh. Jamieson assisted in structuring the deal as a conventional European buyout structure with new management incentive arrangements.
Antin Infrastructure Partners, an infrastructure fund, reached an agreement with Doughty Hanson and Reggeborgh to acquire all shares in Eurofiber Group for a consideration of €875 million. Eurofiber will continue to act as an independent organisation, and business operations and strategy will be maintained under the current management. The new shareholder offers Eurofiber the opportunity to further accelerate its growth in telecommunications infrastructure in and outside of the Netherlands. The transaction is expected to close at the end of May 2015.
“We are very enthusiastic about the acquisition by Antin Infrastructure Partners. Antin IP has fully endorsed our business model of open telecommunication networks and, with its long term horizon and investment appetite, gives our customers, employees and other important stakeholders certainty over future operations.”
Alex Goldblum, CEO
The team was led by Stuart Coventry, Johan Bergandorff and Ross Wheeler